
Cheap Homes for Rent in Matthews, IN from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Matthews.


323 E 8th St

1019 N Macedonia Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

102 N Main St

2017 N Glenwood Ave

2009 N Janney Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Matthews, IN Local Guide

How much does it cost to rent a home in Matthews?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Matthews 2 Bedroom Homes for Rent | $1,168 | $850 | $1,455 |
| Matthews 3 Bedroom Homes for Rent | $1,276 | $750 | $2,515 |
| Matthews 4 Bedroom Homes for Rent | $1,450 | $1,300 | $1,600 |
| Matthews 5 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
| Matthews 6 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Top Homes for Rent in Matthews
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Matthews, IN Local Guide
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Cheapest Available Matthews Apartments for Rent and Nearby
 The cheapest available apartment rental in Matthews, IN is a 1 Bed unit found at Senior Living 55+ - Historic Gallatin Square priced from $379. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. Here is today’s list of the most affordable Matthews apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Senior Living 55+ - Historic Gallatin Square | One Bedroom | 1BR,1BA | $379 |
| The Haven | 4x4 | 4BR,4BA | $565 |
| Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $569 |
Best Value Apartments for Rent in Matthews, IN and Nearby
As of March 12, 2026 the best value apartment in the Matthews area is the $1.11 price per square foot 3x1.5 R Model at Canterbury Townhomes in the in the Westacres neighborhood starting from $1,438. The second greatest value Matthews apartment is the 3x2 Renovated Model at The Latitude Apartments starting at $1,299 with a $1.11 price per square foot in the North Muncie neighborhood. Here is today’s list of the best values for Matthews apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Canterbury Townhomes | 3x1.5 R | 3BR,1.5BA | $1.11 |
| The Latitude Apartments | 3x2 Renovated | 3BR,2BA | $1.11 |
| Freedom Acres MHC | Maynardville Classic 72 | 3BR,2BA | $0.95 |
| Thomas Jefferson Park | 2 Bedroom | 2BR,1.5BA | $0.77 |
| Senior Living 55+ - Historic Gallatin Square | Two Bedroom | 2BR,1BA | $0.77 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.70 |
| Delaware Acres | Pulse 6016 | 2BR,2BA | $1.04 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| Eaton Residence | *Newly Renovated* Premium Style 2-Bedroom Apart... | 2BR,1BA | $1.11 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Matthews
What type of rentals are currently available in Matthews?
There are currently 47 Apartments for Rent in Matthews, IN with pricing that ranges from $350 to $930,980. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matthews ranging from $460 to $3,800.
What is the current price range for Rental Homes in Matthews?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Matthews ranges from $460 to $3,800 with an average monthly rent of $1,507.
How much are larger Three and Four Bedroom Rentals in Matthews?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Matthews range from $350 to $1,840, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $449.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.